Via Renewables, Inc. (NASDAQ:VIASP – Get Free Report) was the target of a significant growth in short interest in February. As of February 27th, there was short interest totaling 3,151 shares, a growth of 53.7% from the February 12th total of 2,050 shares. Based on an average daily trading volume, of 2,621 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily trading volume, of 2,621 shares, the days-to-cover ratio is presently 1.2 days.
Via Renewables Stock Up 0.4%
Shares of VIASP stock opened at $25.61 on Friday. The stock has a 50 day simple moving average of $25.54 and a 200-day simple moving average of $25.58. Via Renewables has a 1-year low of $22.00 and a 1-year high of $26.68.
Via Renewables Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be issued a dividend of $0.657 per share. This represents a $2.63 annualized dividend and a yield of 10.3%. The ex-dividend date of this dividend is Wednesday, April 1st.
Via Renewables Company Profile
Via Renewables, Inc, through its subsidiaries, operates as an independent retail energy services company in the United States. It operates through two segments, Retail Electricity and Retail Natural Gas. The Retail Electricity segment engages in the transmission and sale of electricity to residential and commercial customers. The Retail Natural Gas segment is involved in the transportation, distribution, and sale of natural gas to residential and commercial customers. It also provides broker services for retail energy customers; and wireless services and equipment to wireless customers.
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